* “The worst is yet to come, next month will be really bad,” said one trader at a multinational company which runs soybean processing facilities in China.

* “Crushing plants are packed with soymeal and pig farmers are sending a message that demand is weak. There is not a single Chinese buyer for Brazilian beans in the market for prompt shipment,” he said, declining to be identified as he was not authorised to speak with media.

* Brazilian soybeans for prompt shipment were quoted at $389.10 a tonne S-BRZPAR-A1 on Tuesday compared with U.S. cargoes 2YSB-USG-A1 being offered at $405.50.

* China’s purchases of U.S. soybeans have recently dipped, trade and industry sources say, as fears of further action by Beijing to curb imports of U.S. crops following last month’s anti-dumping move on sorghum rattles the agriculture industry.